Bermuda

Out of 8 responses

Peer Group Ranking

Overall Ranking (Out of 18 Markets)

Net Promoter Score


An NPS answers the question, "how likely are you to recommend this product or service to a colleague, peer, or friend?' Respondents answer the question on a scale of 0 – 10, 0 meaning they are not at all likely to recommend the product or service and 10 meaning they are extremely likely to recommend the product or service.

-25

NPS score


Average NPS score (overall)

Lockton ranked the following KPIs as most important to them


1

Breadth of Appetite

2

Relationship Strength (With UW's / Decision Makers)

3

Quality of Product Coverage

KPI Scores


Feedback from our Associates


What you do better than your peers

  • Hamilton provide good customer service.
  • Their ability to provide capacity in excess layers.
  • They have quick turnaround times.
  • Hamilton provide stable capacity and are supportive on renewal business.
  • They respond to emails in a timely fashion.

Elements you could improve on to better trade with our Lockton team

  • Hamilton could improve their value proposition with increased product offering.
  • They could better communicate on accounts they want to write.
  • They could be quicker with regards to communication.
  • Their appetite and pricing could use improvement.
  • They could be more reasonable on pricing.

Our team’s thoughts on what makes insurers they trade with ‘Best in Class’

  • Willingness to be flexible on long term clients, passion for customer service (responses) and thinking outside of the box for new products.
  • Capacity, communication and ease of doing business with.
  • Communication, quick turnaround of documentation and being open minded/working with us to make the deal happen.
  • They are communicative and open about their abilities and processes.
  • Effective communication, stable capacity, good ratings.
  • Quick responses, wide appetite, flexibility on layers and commercial on pricing when they need to be.
  • Keen to collaborate, hard-working and willing.
  • Quick decisions, quick turnaround times, transparency and a willingness to work together.
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